Euramax sold
Modular Group Investments has acquired Euramax Solutions.
MGI invests in a range of sub-sectors across the MMC (modern methods of construction) markets including component manufacturing and supply chain operators.
“MGI’s involvement with Euramax will allow it to expand and develop the product portfolio to better serve our customer needs,” Michael Garratt, the founder and CEO of MGI, said. “We are delighted to be working with the Euramax team, which will remain unchanged, and look forward to an exciting period of development together”.
Chris Butters, MGI chairman, said: “As a British company we are strategically focused on UK construction markets and specifically on the changing needs required by the expansion of the MMC sector. We look forward to working with our various stakeholders and our new colleagues in the large Barnsley facility. We are highly committed to quality, reliability and innovation which are attitudes already embedded in the ethos at Euramax so we are enthusiastic about future opportunities, despite the present Covid challenges”.